Tag Archives: Business Award Winner

February G2M Phase 1 and 2 Winners

February G2M Phase I Winners

Congratulations to the G2M Phase I Award winners for February 2015: 1) Solar Ninja, 2) Inertial Sense, and 3) NOMO. Funds and training are provided by the Utah Science Technology and Research (USTAR) initiative, in partnership with the Utah Valley Business Resource Center (UVU BRC). USTAR assists companies and universities in developing commercial applications for their research. The UVU Business Resources Center has a number of tools, resources and organizations to assist local entrepreneurs and businesses.

Solar Ninja is “a mobile platform that helps streamline the solar sales cycle. At Solar Ninja, we have developed the first mobile sales tool for thesolar industry. What used to take hours of time can now be done in minutes with ease. What used to take a week can now be done on the very first visit.” Jeff Burns, Solar Ninja

At Inertial Sense LLC “we have created the μINS-2™, a miniature calibrated GPS aided Inertial Navigation System.  Sensor data from MEMs gyros, accelerometers, magnetometers, barometric pressure, and GPS/GNSS is fused to provide optimal estimation of orientation, velocity, and position.  The μINS-2™ can be attached to any object and provide analytic and tracking data for that object.  Some call our sensor a “GPS on steroids” because it can do things a normal GPS cannot do.  Applications include drones, camera and antenna pointers, personnel tracking, asset tracking, navigation, ground vehicles, robotics, and sports/fitness monitoring.  Our patent-pending design is the size of five stacked dimes making the μINS-2 the smallest, most cost-effective GPS INS on the market today.  Inertial Sense is a privately owned Utah company.  Our CEO graduated from Brigham Young University at Provo, UT.  Our company has a background in unmanned aerial vehicles (UAVs), control theory, embedded systems, and electronic design. Inertial Sense was founded in July of 2013.  We believe that the success and strength of our technology, company, and community lies in faith in the abilities of people and the creation of opportunities for personal growth.” Walt Johnson | CEO / Founder | Inertial Sense, LLC

NOMO™ “is so revolutionary you won’t have to change the water in your fish aquarium for as much as two years with minimal maintenance. This patented technology creates a balanced environment by stimulating aerobic (good) bacteria while suppressing the anaerobic (bad) bacteria. We have made it solar powered by running off the light that already exists in the Aquarium. There are no replacement filters or extra expenses. Put NOMO™ in your tank and leave it.  NOMO™ saves water, energy, time and money. We’ve made having a fish tank simple and fun by removing the pain and hassle of aquarium keeping!” David Simeoli

Phase I pitches are conducted at noon on the 4th Thursday of each month at the UVU BRC. They are open to the public. In order to pitch and receive funding a company must go through our G2M Phase I Training, based on lean startup, proof of concept, and market validation principles. Once companies complete their customer validation and market testing, and turn in the results, they can pitch in front of the crowd of peers – other companies going through the program. They are judged on a scale of 1 to 10 whether they have 1) found a monetizeable pain or a customer or market problem that people are willing to pay for, 2) have a team that can execute in starting and scaling a company, and 3) whether they were intellectually honest in their research.

February G2M Phase II Winners

Congratulations to the G2M Phase II Award winners for February 2015: 1) WildHair Technologies and 2) SpeedStealth. Funds and training are provided by the Utah Science Technology and Research (USTAR) initiative, in partnership with the Utah Valley Business Resource Center (UVU BRC). USTAR assists companies and universities turn ideas into products. The UVU Business Resources Center has a number of tools, resources and organizations to assist local businesses.

WildHair “believes that technology should be seen differently.  Technology innovation is happening faster than most solutions can be implemented. We created a SaaS platform that makes repeatable data migration pathways designed around your business processes, we call it BridgeTheGap. Technology has become fast and more intuitive but the cost associated with embracing new technology has left many living with inadequate but affordable solutions. WildHair is determined to create the affordable big data solution for the rest of us. When you control your data, your bottom line improves, deprecating outdated software is viable and implementing the newest technology is a simple import process. Its time for technology that supports your business as a whole.” Shelly Warren, Founder

Inneuvate, LLC, SpeedStealth, DBA, is “a service delivery company which uses proprietary software to accelerate computers, tablets or smartphones’ Internet connections.  We use a combination of licensed software and our own developed Intellectual Property to get data delivered more efficiently, first time every time.  We don’t use tricks like compression, caching or processor management tools, but we add a little math to the data being transmitted to allow us to rebuild lost data on the receiving end.  Our initial target market is business travelers, but anyone with expensive data plans or a poor Internet connection would benefit from our service.  We expect to charge about $5 per month, and people should see anywhere from a 30% to 3,000% speed boost, depending upon the network they are using.  It also has the desirable side benefit of adding an additional layer of security to our client’s data transmissions.  The software is installed on the device, so the performance improvements occur wherever they go.”  Bob Vukich.

Phase I pitches are conducted at noon on the 4th Thursday of each month at the UVU BRC. They are open to the public. In order to pitch and receive funding a company must go through our G2M Phase I Training, based on lean startup, proof of concept, and market validation principles. Once companies complete their customer validation and market testing, and turn in the results, they can pitch in front of the crowd of peers – other companies going through the program. They are judged on a scale of 1 to 10 whether they have 1) found a monetizeable pain or a customer or market problem that people are willing to pay for, 2) have a team that can execute in starting and scaling a company, and 3) whether they were intellectually honest in their research.

To learn more or apply to the USTAR/UVU G2M Business Accelerator, please visit www.uvu.edu/brc/accelerator/ .